Ransomware business threat grows

Barbadian cybersecurity strategist Niel Harper has raised an alarm internationally about the ongoing threats posed by the professionalisation of cybercrime and the emerging security risks introduced by autonomous artificial intelligence (agentic AI).

He framed the current threat landscape not as a technical problem, but as a market failure, where the profitability of ransomware as a Service (RaaS) groups continues to outpace enterprise defense spending.

Harper, who has worked in executive...